ePlus inc (PLUS) — Working Capital to Net Assets Ratio
ePlus inc (PLUS) has a Working Capital to Net Assets ratio of 72.6% as of December 2025. Working capital of $772.12 Million (current assets of $1.45 Billion minus current liabilities of $682.09 Million) is measured against net assets of $1.06 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PLUS financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ePlus inc Working Capital to Net Assets (1996–2025)
This chart shows how ePlus inc's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 72.6%, reflecting working capital of $772.12 Million against net assets of $1.06 Billion USD. See ePlus inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for ePlus inc (1996–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for ePlus inc from 1996 to 2025, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see ePlus inc market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 57.9% | $565.91 Million | $977.62 Million | $1.36 Billion | $797.88 Million | ▼ -10.5 pp |
| 2024 | 68.4% | $616.54 Million | $901.78 Million | $1.27 Billion | $656.99 Million | ▲ +0.1 pp |
| 2023 | 68.2% | $533.80 Million | $782.26 Million | $1.10 Billion | $561.33 Million | ▲ +2.0 pp |
| 2022 | 66.2% | $437.45 Million | $660.74 Million | $897.48 Million | $460.04 Million | ▲ +9.6 pp |
| 2021 | 56.6% | $318.23 Million | $562.41 Million | $777.59 Million | $459.36 Million | ▲ +2.5 pp |
| 2020 | 54.1% | $263.16 Million | $486.14 Million | $649.80 Million | $386.64 Million | ▼ -0.4 pp |
| 2019 | 54.5% | $231.25 Million | $424.25 Million | $560.10 Million | $328.85 Million | ▼ -3.1 pp |
| 2018 | 57.7% | $214.82 Million | $372.60 Million | $568.12 Million | $353.30 Million | ▼ -6.2 pp |
| 2017 | 63.8% | $220.83 Million | $345.92 Million | $597.32 Million | $376.49 Million | ▼ -0.3 pp |
| 2016 | 64.1% | $204.53 Million | $318.88 Million | $477.98 Million | $273.45 Million | ▼ -2.5 pp |
| 2015 | 66.7% | $186.19 Million | $279.26 Million | $444.28 Million | $258.08 Million | ▼ -1.3 pp |
| 2014 | 68.0% | $181.14 Million | $266.38 Million | $425.26 Million | $244.12 Million | ▲ +9.4 pp |
| 2013 | 58.6% | $139.54 Million | $238.23 Million | $292.64 Million | $153.11 Million | ▲ +20.6 pp |
| 2012 | 38.0% | $83.40 Million | $219.63 Million | $263.62 Million | $180.22 Million | ▲ +5.5 pp |
| 2011 | 32.5% | $69.04 Million | $212.36 Million | $212.43 Million | $143.40 Million | ▲ +10.7 pp |
| 2010 | 21.8% | $40.48 Million | $185.49 Million | $205.14 Million | $164.66 Million | ▼ -36.4 pp |
| 2009 | 58.2% | $101.53 Million | $174.47 Million | $202.89 Million | $101.36 Million | ▲ +22.5 pp |
| 2008 | 35.7% | $58.49 Million | $163.70 Million | $178.05 Million | $119.56 Million | ▲ +23.9 pp |
| 2007 | 11.8% | $15.15 Million | $128.58 Million | $126.38 Million | $111.23 Million | ▲ +0.0 pp |
| 2006 | 11.8% | $15.15 Million | $128.58 Million | $126.38 Million | $111.23 Million | ▼ -15.9 pp |
| 2005 | 27.7% | $36.62 Million | $132.10 Million | $134.64 Million | $98.02 Million | ▲ +7.5 pp |
| 2004 | 20.2% | $22.59 Million | $111.58 Million | $77.30 Million | $54.70 Million | ▲ +0.7 pp |
| 2003 | 19.6% | $21.45 Million | $109.62 Million | $67.60 Million | $46.15 Million | ▼ -10.4 pp |
| 2002 | 30.0% | $31.84 Million | $106.29 Million | $70.79 Million | $38.95 Million | ▼ -7.7 pp |
| 2001 | 37.7% | $34.62 Million | $91.91 Million | $86.74 Million | $52.12 Million | ▲ +2.3 pp |
| 2000 | 35.4% | $20.22 Million | $57.12 Million | $85.81 Million | $65.59 Million | ▼ -4.8 pp |
| 1999 | 40.2% | $17.60 Million | $43.80 Million | $53.30 Million | $35.70 Million | ▲ +6.1 pp |
| 1998 | 34.0% | $8.00 Million | $23.50 Million | $40.20 Million | $32.20 Million | ▼ -2.4 pp |
| 1997 | 36.4% | $5.10 Million | $14.00 Million | $13.60 Million | $8.50 Million | ▲ +195.0 pp |
| 1996 | -158.6% | $-4.60 Million | $2.90 Million | $2.00 Million | $6.60 Million | — |